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Foreclosure Homes in Palm Springs, CA 92262

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Palm Springs, CA Foreclosures

How much do homes sell for in Palm Springs, CA?
The average home price is currently $840,880.
In Palm Springs, CA, how many homes are available?
There are currently 87 active home listings available in Palm Springs.
What’s the average rental cost in Palm Springs, CA?
The average rental price in Palm Springs is $2,119.
What is the most expensive home in Palm Springs?
The most expensive home sold in Palm Springs had a price of $52,231,252.
What is currently the cheapest priced home in Palm Springs, CA?
The cheapest home for sale in Palm Springs is priced at $12,706.

Living in Palm Springs, CA

Palm Springs, CA, is a popular desert resort city known for its year-round sunny weather and luxurious lifestyle. The area offers abundant recreational activities, including hiking, golfing, and world-class dining, along with a rich cultural scene featuring festivals and art galleries.

Current Market Conditions in Palm Springs, CA

The real estate market in Palm Springs has been robust, characterized by a high demand for vacation homes and investment properties. Many buyers are looking for second homes to escape the hustle and bustle of urban areas, leading to rising home prices and a competitive market.

Home Value Estimator For Palm Springs, CA

There are currently 31,952 real estate properties in Palm Springs, CA, with a median automated valuation model (AVM) price of $587,651.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palm Springs, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palm Springs, CA, is $840,880.00, with the most expensive house in Palm Springs, CA, topping out at $52,231,252.00 and the cheapest home in Palm Springs, CA, clocking in at $12,706.00. In other words, there’s something for every potential homebuyer or savvy investor in Palm Springs, CA!

Rent Prices In Palm Springs, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palm Springs, CA, is on a rollercoaster ride. The average rent price in Palm Springs, CA, is $2,119.00. Indeed, when looking to rent in Palm Springs, CA, you can expect to pay as little as $660.00 or as much as $4,400.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Palm Springs, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palm Springs, CA 92262 Foreclosures

Market Trend for Palm Springs, CA

Total Listings Available: 87

Market Values:

Home Prices from $12,706 to $52,231,252

Average Sales Price: $840,880

Rental Values:

Rental from $660 to $4,400

Average Rent Value: $2,119 / month

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